§ 23-39-504 - Rulemaking authority.
23-39-504. Rulemaking authority.
The Securities Commissioner may adopt any rules that he or she deems necessary to:
(1) Carry out the provisions of this subchapter;
(2) Provide for the protection of the borrowing public; and
(3) Provide any requirements necessary for the State of Arkansas to participate in a multistate automated licensing system; and
(4) Instruct mortgage brokers, mortgage bankers, mortgage servicers, and loan officers in interpreting this subchapter.